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Post-Equifax Breach, Security Industry Shockwaves And Tremors

PYMNTS

No need to go over the numbers tied to the seismic breach because they keep changing, and may be changing even as you read this eBook. How do they make decisions about retail transactions, lending activities or money transfers in milliseconds? So it is with Equifax. Equifax brings a few key questions to mind.

Industry 144
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2019 US Consumer Survey of Vehicle Vehicle Finance Perceptions: 5 Takeaways

FICO

Canadian consumers were the most likely to secure financing through dealerships—66%. Bank / financial institution lending held steady. In the future, approvals will be increasingly automated based not only on credit worthiness and risk of fraud, but also with artificial intelligence that assists in optimizing offers for the consumer.

Survey 73
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Why Merchants Need Mobile Wallets

PYMNTS

But whatever approach they chose, Rambus says that retailers must take those first steps for five major reasons — here are three that pop to the top of that list … Improving Security and Lowering Costs. As goes digital commerce, so goes fraud. Thinking about digital wallets, the retailers still don’t need to be security experts.

Mobile 137
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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Debuted first eBook, A Better Financial Life. Listed in Silicon Review as one of the 20 fastest growing security companies. Quoted in eWeek on the problem of app security. Announced its Cyber Security scholarship program. Extended its app-security protection to Apple TV. Earned spot on first Forbes Fintech 50.

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242 Startup Failure Post-Mortems

CB Insights

BTCjam, a P2P marketplace launched in 2012 to borrow and lend using bitcoin, announced the company has made “the difficult decision” to close up shop, according to multiple news sources. Note: Less than a month after the closure announcement, Vasupal was arrested for fraud in a bizarre case involving Stayzilla business dealings.

Company 78